(Adds IMF comment) By Saeed Azhar and Davide Barbuscia DUBAI, Feb 17 (Reuters) – Dubai’s hospitality industry faces the biggest risk in the Gulf region from travel restrictions triggered by […]
Read moreUPDATE 1-China cuts medium-term rate to soften coronavirus hit to economy
* PBOC cuts 1-year MLF rate by 10 bps * PBOC drains a net 700 bln yuan via open market operations * MLF rate cut paves way for LPR reduction […]
Read moreChina cuts medium-term rate, adds funds to cushion coronavirus hit
SHANGHAI (REUTERS) – China’s central bank cut the interest rate on its medium-term lending on Monday (Feb 17) as policymakers sought to ease the drag to the businesses from a […]
Read moreSingapore lowers 2020 forecast for exports on coronavirus, weaker oil prices
SINGAPORE – Singapore has cut its forecasts for non-oil domestic exports (Nodx) and total merchandise trade for 2020 after weighing the likely impact of the coronavirus outbreak on its trading […]
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